The price hikes in petrol and diesel follow the increase in the duty on gold. The way these hikes are being implemented makes it clear that...

The anti-profit authority is examining whether companies pocketed profits after the government slashed GST rates on washing machines, TVs a...

Avneet Singh Marwah, CEO at Super Plastronics, the licensee for Thomson and Kodak TV brands, said whenever disposable income grows, especia...

Top manufacturers and retailers attributed the sales spike to factors including 10% cut in GST on appliances in July, ecommerce discounting...

As per complaint, some cos haven’t reduced prices of their products to reflect the cut in GST to 18% from 28%.

"The domestic industry has said it needs protection. We are looking into all the proposals that have come in," CBIC chairman S Ramesh said

The GST Council has decided to reduce tax rates on several general-used items like TV (below 26 inch), washing machines and refrigerators f...

Currently, the GST has four rates of 5%, 12%, 18% and 28%. GST Council had, in its meeting in January, decided to slash the GST rate on 54 ...

The move is likely to be a boost for the sector reeling under excess capacity and slowdown. The economy will get a fillip from the likely c...

The official said that a part of the reason for lower levy on restaurants was also to free women from household chores.

Companies said the decline is due to consumers advancing purchases during the pre-GST sales in June with retailers in a hurry to liquidate ...

CAIT has also launched a 'Digital Rath' to educate small businesses and the trading community on adoption of digital payments.

Companies from sectors as diverse as garments and white goods are using their dealers to offload stocks through discounts.

The usual discount offered by the retailers is around 10-15 per cent on maximum retail price (MRP) and it will now significantly go up -abo...

Companies said this may not lead to much price drop except in small screen televisions since there is significant increase in television pa...

For a supply chain for goods/services that crosses state boundaries, the purchaser would get a credit for taxes paid in the producing state.

The unified goods and service tax (GST) may not debut by its April 1, 2010 deadline. States want separate tax rates for goods and services,...